More BS from the BLS…

11 Oct

Just in time for the VP debate….

Benghazi, Unemployment Numbers, Big Bird, Fast and Furious, and now…

Jobless Claims Drop to Lowest Level Since 2008 – One “Large State” forgot withheld quarterly claim numbers

After expectations of a rebound in initial claims from 367K last week (naturally revised higher to 369K), to 370K (with the lowest of all sellside expectations at 355K), the past week mysteriously, yet so very unsurprisingly in the aftermath of the fudged BLS unemployment number, saw claims tumble to a number that is so ridiculous not even CNBC’s Steve Liesman bothered defending it, or 339K. Ironically, not even the Labor Department is defending it: it said that “one large state didn’t report some quarterly figures.”

 

https://i1.wp.com/www.zerohedge.com/sites/default/files/images/user3303/imageroot/2012/10/20121011_claims.png

 

Meanwhile over at the Ministry of Truth the revisions continue….

 

 

 

https://i1.wp.com/www.zerohedge.com/sites/default/files/images/user3303/imageroot/2012/10/claims.jpg

 

Zero Hedge

 

Advertisements

Leave a Reply

Please log in using one of these methods to post your comment:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s

%d bloggers like this: